You're looking at a market in KwaZulu Natal for information services, which is about R1.5 million in size. This market is currently not growing, with zero year-over-year growth, so it's essential to carefully consider your entry strategy. The market is relatively uncrowded, with only one supplier currently operating in this space, and only one department is responsible for procurement, making it easier to navigate. Your B-BBEE level will be crucial, as over 53% of the allocation favours black-owned businesses, so ensuring your organisation meets these requirements will be vital. If I were you, I'd focus on building a strong B-BBEE profile to increase your chances of securing contracts in this market.
R2M
1
1
R2M
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
53.4%
4.7%
32.8%
0.0%